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Study lecture notes PDF with supply chain management definitions and explanation to study “?”. Study explanation with SCM terms to review supply chain management course for online MBA programs.
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What is Theory of Comparative Advantage?
It occurs when one country have lower opportunity cost by manufacturing goods and services over other countries. Countries produce cheaper ...
What is Taguchi Method?
Taguchi has imagined another technique for directing the plan of trials which depend on all around characterized rules. This strategy ...
What is Manufacturing cycle time?
Assembling process duration alludes to the time required or spent to change over crude materials into completed merchandise. In fact, ...
What is Vendor-Managed Inventory (VMI)?
Seller Managed Inventory is a plan of action where the purchaser of an item gives data to a merchant of ...
What is Labor Specialization or Job Specialization?
It is a process of individuals developing skills and expertise including training to perform tasks. The main example of this ...
What is Design Capacity?
At the point when a plant is first structured scope organization is one of the initial phases in the production ...